$4 party, page-32

For the charties, EML just crossed the exponential moving average on the upside which is good. The RSI shows a recovery out from oversold (which we know) and the bollingers are tightening again showing a move towards some stability. The buy/sell spread is still in the twilight zone (as high as 5:1 at some points) indicating holders are waiting for a higher price. Volume is still excellent. The Q3FY21 results put a rocket under it over the last few days.
Strength could be waning now as we reach a new stable point, but unless there's more good news, a push above $4 is unlikely. I put some of the strength over the last few days to first time buyers who caught wind of the results, current holders going long topping up, and the "what the F**K have I done?" ex-holders who pulled up a chair on the sidelines waiting for the news train and have now jumped back in (welcome back to all of you - there's tea / coffee / bikkies down the back).

We're living great days my friends.
Keep the faith.